Gold Silver Reports (GSR) – How the U.S. and Allies Attacked Syria – As images of sick or dying children flooded global media all week, the U.S. guided-missile destroyer USS Winston Churchill churned toward the Mediterranean to join a flotilla of allied warships, including another U.S. destroyer, the USS Donald Cook.
Trump Announces Missile Strikes Against Syria
Gold Silver Reports (GSR) – Trump Announces Missile Strikes Against Syria — Trump said the missile strikes, which were focused on chemical weapons sites, would be carried out in coordination with France and the U.K. and he made clear that the U.S. is prepared to sustain the strikes until Syria stops using chemical weapons.
India Moves to Reduce its Reliance on Russia’s Defense Imports
Gold Silver Reports (GSR) – India Moves to Reduce its Reliance on Russia’s Defense Imports — India’s defense scientists have developed a new indigenous system that identifies missile targets to replace the Russian-developed seeker on all future BrahMos, Sudhir K. Mishra, the chief executive officer of BrahMos Aerospace said.
Russian Aluminum Giant’s U.S. Creditors Trapped by Sanctions
Gold Silver Reports (GSR) – Russian Aluminum Giant’s U.S. Creditors Trapped by Sanctions — The company’s bondholders have until May 7 to sell $1.6 billion of dollar-denominated securities, but haven’t been able to because the two biggest intermediaries won’t facilitate trades, according to people familiar with the matter. That leaves those creditors of United Company Rusal at risk of having their investments frozen by the U.S. Treasury Department and being forced to write off the debt.
Inside the World’s Most Profitable Company
Gold Silver Reports (GSR) – Inside the World’s Most Profitable Company – Now, a first glimpse of the state oil giant’s finances shows Aramco churned out $33.8 billion in net income the first six months of 2017, easily outstripping U.S. titans like Apple Inc., JPMorgan Chase & Co. and Exxon Mobil Corp.
Commodities has Rarely Been Stronger, According to Goldman Sachs
Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.
